---
schema_version: "secwatch.filing_event.v1"
accession: "0001007587-22-000018"
form_type: "8-K"
ticker: "KVHI"
cik: "0001007587"
company_name: "KVH INDUSTRIES INC DE"
filed_at: "2022-12-06T23:59:59+00:00"
generated_at: "2026-06-21T08:31:43.503946+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# KVH Industries Q3: revenue up 2%, adjusted EBITDA $4.1M; inertial nav sale gain boosts net income to $29.6M

## Summary
- Revenue from continuing ops $35.2M (+2% YoY); net loss from continuing ops $0.1M vs net income $3.7M (included $7M PPP forgiveness) YoY.
- Non-GAAP adjusted EBITDA from continuing ops $4.1M vs $0.8M; non-GAAP EPS $0.07 vs -$0.07 YoY.
- Disposed inertial navigation business for $30.9M pre-tax gain; net income including discontinued ops $29.6M ($1.58 diluted EPS).
- Mini-VSAT Broadband airtime revenue grew 8% to $26.7M on 4% subscriber growth; launched TracNet H-series and KVH ONE hybrid network.
- Won five-year U.S. Coast Guard contract worth up to $69M; recurring operating expenses cut ~15% from Q3 2021.

## SEC filing metadata
- accession: 0001007587-22-000018
- form_type: 8-K
- ticker: KVHI
- cik: 0001007587
- company_name: KVH INDUSTRIES INC DE
- filed_at: 2022-12-06T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1007587/000100758722000018/0001007587-22-000018-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1007587/000100758722000018/kvhi-20221206.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001007587-22-000018
- JSON: https://secwatch.observer/filing/0001007587-22-000018.json
- Plain text: https://secwatch.observer/filing/0001007587-22-000018.txt

## Key facts
- Earnings Releases
  KVH INDUSTRIES INC DE reported third quarter ended September 30, 2022 results: revenue $35.2 million, net income $29.6 million, EPS $1.58.
  - Period: third quarter ended September 30, 2022
  - Revenue: $35.2 million
  - Net income: $29.6 million
  - EPS: $1.58
  - Result: reported results
  source text: Third Quarter 2022 Highlights • We disposed of our inertial navigation business in the third quarter of 2022, which generated a gain of $30.9 million before tax. Reflecting this gain and the results of these discontinued operations, net income for the third quarter of 2022 amounted to $29.6 million, and diluted EPS was $1.58. • Total revenues from continuing operations in the third quarter of 2022 were $35.2 million, up 2% from $34.4 million in the third quarter of 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1007587/000100758722000018/0001007587-22-000018-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.